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AGENCY TESTIMONY
Conclusion and next steps for the FY 2026 budget process
0:27:48
ยท
25 sec
Jacques Jiha concludes his testimony by summarizing key achievements, outlining next steps in the budget process, and expressing commitment to working with the City Council.
- Jiha highlights that the city has managed the humanitarian crisis without major disruptions to programs or services, no layoffs, and no tax increases.
- He acknowledges ongoing challenges and risks to the economic outlook.
- The OMB will release an updated forecast with the executive budget in early May, accounting for recent economic factors and risks.
- Jiha expresses commitment to working with the City Council towards budget adoption, focusing on:
- Supporting recovery
- Promoting public health and safety
- Expanding affordability and opportunity
- Investing in working-class New Yorkers
Jacques Jiha
0:27:48
We'll account for them in the upcoming forecast that will be released along with the executive budget early May.
0:27:55
I look forward to working with the city council as we move toward towards adoption to support our recovery, promote public health and safety, and expand affordability and opportunity and invest in the lives of working class New Yorkers.
0:28:11
Thank you, and I look forward to your questions.